Pub. L. 117-103, div. F, tit. I (as amended)

106.(a)The Under Secretary for Management shall brief the Committees on Appropriations of the Senate and the House of Representatives not later than 30 days after the end of each fiscal quarter on all Level 1 and Level 2 acquisition programs on the Master Acquisition Oversight list between Acquisition Decision Event 1 and Full Operational Capability, including programs that have been removed from such list during the preceding quarter.(b)For each such program without a department-approved acquisition program baseline, the briefing described in subsection (a) shall include—(1)a description of the purpose of the program, including the capabilities being acquired and the component(s) sponsoring the acquisition; and(2)the Acquisition Review Board status, including—(A)the current acquisition phase;(B)the date and purpose of the most recent review; and(C)whether the program has been paused or is in breach status.(c)For each such program with a department-approved acquisition program baseline, the briefing described in subsection (a) shall include—(1)a description of the purpose of the program, including the capabilities being acquired and the component(s) sponsoring the acquisition;(2)the total number of units, as appropriate, to be acquired annually until procurement is complete under the current acquisition program baseline;(3)the Acquisition Review Board status, including—(A)the current acquisition phase by increment, as applicable;(B)the date of the most recent review; and(C)whether the program has been paused or is in breach status;(4)a comparison between the initial Department-approved acquisition program baseline cost, schedule, and performance thresholds and objectives and the program’s current such thresholds and objectives, if applicable;(5)the lifecycle cost estimate, including—(A)the confidence level for the estimate;(B)the fiscal years included in the estimate; and(C)a description of and rationale for any changes to the estimate during the prior fiscal year;(6)a summary of the findings of any independent verification and validation of the items to be acquired or an explanation for why no such verification and validation has been performed;(7)a table displaying the obligation of all program funds by prior fiscal year, the estimated obligation of funds for the current fiscal year, and an estimate for the planned carryover of funds into the subsequent fiscal year;(8)a listing of prime contractors and major subcontractors; and(9)narrative descriptions of risks to cost, schedule, or performance that could result in a program breach if not successfully mitigated.(d)The Under Secretary for Management shall submit each approved Acquisition Decision Memoranda for programs described in this section to the Committees on Appropriations of the Senate and the House of Representatives not later than five business days after the date of approval of such memorandum by the Under Secretary for Management or the designee of the Under Secretary.